BB asks all banks to craft business continuity plan The central bank has asked all banks to prepare business continuity plan immediately to ensure that operations are not interrupted in the aftermath of pandemic exigencies. The Bangladesh Bank, or BB, has also instructed financial service providers to ready a list
Read MoreBangladesh to gain more trade benefits from China as an LDC Bangladesh wants to secure more trade benefits from China as a least developed country (LDC) instead of signing a free trade agreement with the Asian economic giant. The commerce ministry has already accepted China’s offer for the duty-free import
Read MoreBD, ADB sign $400m loan deal to develop Elenga-Rangpur highway The government of Bangladesh and the Asian Development Bank (ADB) on Sunday signed a US$ 400 million loan agreement as part of $ 1.2 billion ADB loan commitment to develop a regional corridor in northwestern zone of the country. The
Read MoreCar manufacturing in Bangladesh: preparing for the next biggest industry after apparel Bangladesh will soon start manufacturing cars, that too electric ones, according to a news report published in The Daily Star with the headline “Local firm to set up a $200m plant to make electric vehicle” in July last
Read MoreSilver lining for the banking sector as loan recovery soars in 2019 Pushed into a tight corner banks put up a spirited fight against the mounting default loans last year, as their loan recovery went up 15.46 per cent. Banks retrieved Tk 15,465 crore from defaulters in 2019, according to
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